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BigBasket, 1MG employees get access to Tata Digital’s new super app
India’s Tata Group to rollout new super app TataNeu among its 7 lakh employees globally. The app will also be accessible to employees of BigBasket and 1MG, companies that were acquired by the group earlier this year. According to the sources, this is a soft launch of the super app to test it first among employees.
Read the original article here: https://www.cnbctv18.com/retail/bigbasket-1mg-employees-get-access-to-tata-digitals-new-super-app-11178092.htm
MFS Africa acquires Nigeria’s Baxi in “second-largest” fintech deal behind Paystack
MFS Africa, a fintech company signs an agreement to acquire Baxi’s parent company, Capricorn Digital. It is one of Nigeria’s largest digital solutions and distribution companies with a 90,000-strong agent network across the country. The deal is expected to be the second-highest fintech acquisition in Nigeria to date after Paystack.
Read the original article here: https://technext.ng/2021/10/20/mfs-africa-acquires-nigerias-baxi-in-second-largest-fintech-deal-behind-paystack/
Malawi-Mozambique interconnector starts – foreign companies share contracts
Malawi Interconnection Project (MOMA), the 218 km transmission interconnector and Matambo Substation upgrade under Mozambique to end by October 2023. Electricity Supply Corporation of Malawi (ESCOM) has shared the contract with L&T from India, Sino hydro from China and Gopa Intec International from Germany. It will cost around $127million and add 50 Megawatts to the country’s power grid.
Read the original article here: https://allafrica.com/stories/202110210089.html
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